Family Firm Inc. Sells 336 Shares of iShares Global Financials ETF (NYSEARCA:IXG)

Family Firm Inc. reduced its stake in iShares Global Financials ETF (NYSEARCA:IXG) by 6.0% during the fourth quarter, HoldingsChannel reports. The fund owned 5,248 shares of the company’s stock after selling 336 shares during the period. Family Firm Inc.’s holdings in iShares Global Financials ETF were worth $504,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in shares of iShares Global Financials ETF by 12.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,775 shares of the company’s stock worth $171,000 after acquiring an additional 199 shares during the last quarter. Client 1ST Advisory Group LLC purchased a new stake in shares of iShares Global Financials ETF in the fourth quarter worth $205,000. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Global Financials ETF in the third quarter worth $210,000. Partners Wealth Management LLC purchased a new stake in shares of iShares Global Financials ETF in the fourth quarter worth $237,000. Finally, Vontobel Holding Ltd. purchased a new stake in shares of iShares Global Financials ETF in the fourth quarter worth $288,000.

iShares Global Financials ETF Trading Up 2.3 %

NYSEARCA IXG opened at $101.63 on Friday. iShares Global Financials ETF has a 12 month low of $81.38 and a 12 month high of $106.16. The stock has a market cap of $447.17 million, a P/E ratio of 14.21 and a beta of 1.00. The stock’s fifty day moving average price is $101.25 and its 200-day moving average price is $98.02.

iShares Global Financials ETF Profile

Ishares S&P Global Financials Sector Index Fund, formerly iShares Global Financials ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of companies that Standard & Poor’s deems part of the financial sector of the economy and important to global markets, as represented by the S&P Global 1200 Financials Sector Index (the Index).